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Staking Guide

Deposit

  1. Navigate to http://app.karak.network

  2. Enter your invite code to access the app

  3. Connect your wallet

  4. At the top of the homepage, you can view how much XP you accumulated, the amount of assets you restaked denominated in ETH, the amount of assets you restaked denominated in USD, and at the top right corner of the screen, your referral codes that you can share with your friends

  5. On the homepage, click on the asset that you want to restake

  6. In the selected assets page, navigate to the orderbox and click on the "Deposit" tab. Transactions on K2 require ETH for gas, ensure you reserve enough to pay for restaking transactions. Enter the amount that you want to deposit, sign an approval transaction, and then restake

  7. Click "Deposit" and wait for the deposit transaction to be confirmed

  8. Once your deposit transaction is confirmed, a successful transaction notification will appear

  9. Congrats! You are now restaked and earning points on your assets

  10. Don't forget to share your referral code with your friends and restake more assets to earn more points

Withdraw

  1. Navigate to the page of the asset you want to withdraw

  2. In the orderbox, click on the "Unstake" tab. Enter the amount of the restaked asset you want to withdraw, then click "Unstake"

  3. Once you click "Unstake" the unstaking period begins. Note that for security reasons, the withdrawal period takes 7 days and cannot be reversed. You will continue to earn Karak points during the unstaking period.

  4. Once 7 days have passed by since you unstaked, navigate back to the "Unstake" tab. Your assets will now be available to withdraw

  5. Click "Withdraw" to finish withdrawing your assets